Securities code: Hichain Logistics Co.Ltd(300873) securities abbreviation: Hichain Logistics Co.Ltd(300873) Announcement No.: 2022010 Hichain Logistics Co.Ltd(300873) 2021 annual report summary
1、 Important tips
The summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC.
All directors of the company personally attended the meeting of the board of directors to consider this annual report
The audit opinion of Zhonghua Certified Public Accountants (special general partnership) on the company's financial report this year is: standard unqualified opinion.
During the reporting period, the accounting affairs of Zhonghua Certified Public Accountants (special general partnership) were unchanged.
Tips on non-standard audit opinions
□ applicable √ not applicable
The company was not profitable at the time of listing and is not profitable at present
□ applicable √ not applicable
The profit distribution plan of ordinary shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors
√ applicable □ not applicable
The company's profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 13333333400 as the base, distribute cash dividends of 4.50 yuan (including tax) to all shareholders for every 10 shares, give bonus shares of 0 shares (including tax), and increase 6 shares for every 10 shares to all shareholders with capital reserve.
Profit distribution plan for preferred shares in the reporting period adopted by the board of directors
□ applicable √ not applicable
2、 Basic information of the company 1. Company profile
Stock abbreviation Hichain Logistics Co.Ltd(300873) stock code Hichain Logistics Co.Ltd(300873)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Gao yubiao Liang can
Office address: 111 Quanhai Road, Wujiang Economic Development Zone, Suzhou City, Jiangsu Province
Number
Fax: 63051268054
Tel: 0512630308888820
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
(I) overview of the company's operation
2021 is the first year after the outbreak of covid-19. It is also a year of retaliatory growth in the export business of China's brand manufacturing industry (the annual export of goods trade is 21.73 trillion yuan, an increase of 21.2%), and it is also a year with the greatest pressure and challenges for the productive logistics industry, which is embodied in the following four aspects:
The first is that the epidemic is still going on. Under the "dynamic clearing" policy, the epidemic situation in China was effectively controlled in 2021, but the overseas epidemic was still rampant. In order to curb the transmission risk of Omicron mutant caused by imported goods and foreign infected persons, China's major hub ports have strengthened epidemic prevention and control, slowed down and formed congestion.
Second, the export demand is large. The manufacturing industry of major overseas economies has been seriously impacted by the epidemic, the manufacturing industry has returned to China, and the global demand for goods is heavily dependent on Chinese production and manufacturing.
The third is the difficulty of export logistics. International transportation has experienced the most serious congestion in history, from the stranded Suez Canal of the "long gift" ship, to the port of Los Angeles and long beach on the West Bank of the United States, from the port of felixto in the United Kingdom to Yangshan Port and Shenzhen Yan Tian Port Holdings Co.Ltd(000088) , with "one cabinet hard to find" everywhere, and some freight rates are more than 300% higher than that in 2020.
Fourth, there is a great lack of active and passive components. It electronic active and passive components are out of stock, which makes it difficult for electronic manufacturing enterprises to complete the set of raw materials. Generally, a large number of "hoarding" and "looking for goods" everywhere, and the production presents a "pulse" form, resulting in the "rush" of production logistics enterprises, which are in a state of fire all year round.
From the above four aspects, it is not difficult to see that manufacturing enterprises and productive logistics enterprises are facing great difficulties, pressures and tests in 2021. In 2021, the logistics industry showed differentiated development in subdivided fields. On the one hand, the international freight forwarding industry fully enjoyed the price increase bonus brought by the "difficult to find one container" of international transportation. On the other hand, the production logistics enterprises did not have the price increase bonus, but could enjoy the red profit of business volume growth. Therefore, compared with international freight forwarding enterprises, productive logistics enterprises will have to withstand the double test of management pressure caused by the substantial growth of business volume and cost pressure caused by the rise of labor salary in 2021.
In 2021, under the leadership of the core management, the company held high the banner of high-tech and digital management. In view of the pressure of management and labor cost caused by the growth of business volume, and carrying forward the spirit of technology and hard work, the operating revenue in 2021 was 1.468 billion yuan, an increase of 36.66% year-on-year in 2021 on the basis of 16.68% in 2020; The net profit attributable to the shareholders of the listed company was 309 million yuan, an increase of 58.81% year-on-year in 2021 on the basis of 51.65% in 2020; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 212 million yuan, with a year-on-year increase of 31.38% in 2021 and 2020.
(II) main products and service modes of the company
The company provides manufacturing enterprises with tob integrated supply chain logistics solutions and operation services, which run through all links before, during and after production. The company's service modes in all links of supply chain logistics are as follows:
(1) Tob supply chain logistics integration service before production
Through the mature cross-border transportation between Shenzhen and Hong Kong and the trunk network connecting the whole country, combined with the centralized warehouse of overseas materials and parts and supporting port customs clearance services, it provides safe and efficient door-to-door vehicle and less than carload cargo transportation and supporting value-added services such as connection, warehousing and customs clearance for various electronic component manufacturers.
(2) Tob supply chain logistics integration service in production
Provide bonded / non bonded manufacturing enterprises with full-service one-stop production support through comprehensive warehousing services such as VMI (supplier inventory management), incoming logistics / kitting to line, milk run, finished product offline management, supporting customs services in special supervision areas and station management services.
VMI (supplier inventory management): the manufacturing enterprise appoints 3PL to manage the supplier consignment inventory, reduce the enterprise's own inventory cost, transfer the inventory property right based on the actual demand of the order, shorten the order delivery time and meet the order demand to the greatest extent. The warehouse management system (WMS) independently developed by the company is applied to each warehouse site, which is connected with the customer's business system through the data interface, and widely applies intelligent equipment, visual management and other technologies to provide customers with VMI storage, production logistics order distribution and online services.
Milk run: carry out mixed loading transportation for multiple suppliers (including relay cross dock) according to the time and route specified in the customer's logistics schedule, so as to realize multi frequency and small batch standardized order supply, ensure timely and orderly supply according to the production schedule and demand, reduce the procurement cycle, reduce the on-site inventory, and reduce the capital occupation and logistics cost.
Inbound logistics / kitting to line: Based on standardized production plan and logistics demand, input inbound logistics equipment and labor to realize efficient production support: parts storage, complete sorting of work orders and one-stop online service.
Finished product off-line Management: the off-line finished product collection line realizes automatic weighing, labeling and secondary packaging operations. At the same time, the off-line information of finished product orders is communicated with WMS, which greatly improves the efficiency and accuracy of logistics services in the later supply chain and improves the logistics efficiency of the overall supply chain.
(3) Tob supply chain logistics integration service after production
Finished product delivery warehouse (export centralized assembly): provide customers with finished product export centralized assembly solutions, select sea, land, air, railway and other transportation modes through real-time logistics plan, determine different logistics routes such as warehouse assembly or direct delivery port, book resources and prevent and control risks in advance, and realize the optimal balance between cost and timeliness, visual node tracking and other intelligent and flexible service upgrading.
Transportation and distribution of finished products: using the East China South China Southwest backbone transportation network and centralized operation mode built for many years, relying on information management and warehouse distribution system, provide fast, accurate and safe transportation services, and master the core competitiveness of high quality, high efficiency and high cost performance. Combined with export customs clearance services, the finished products will be delivered to Shanghai, Shenzhen, Hong Kong, Chengdu and other sea air rail ports and Chinese clients.
After sales spare parts management: through the centralized use of automatic sorting, customized system and data docking and sharing in the central spare parts warehouse, it can realize the functions of massive SKU management, complex packaging type management, automatic logistics path planning, automatic order management and distribution, visual node tracking and management, so as to meet the customer's demand for global after-sales spare parts Distribution and management requirements.
(4) Comprehensive value-added services
Provide customs affairs, inspection, supporting inspection, import and export agency and other services. The customs clearance network has covered major ports, special supervision areas, major electronic manufacturing bases in China and overseas countries and regions such as Hong Kong, Thailand, Vietnam and Germany. Through the self-developed cloud customs clearance service platform, customers can realize online declaration, offline collaboration, information synchronization, visual status and controllable whole process; Design customs affairs solutions for customers and provide customs affairs consulting services, including tax classification, policy interpretation, path planning, resource matching, etc.
4PL platform operation service: the company provides customers with customized global logistics management system to manage and operate global logistics data. Through the operation of the global supply chain monitoring information platform, it supports 7 24-hour, multilingual and full-time 4PL end-to-end management services, deeply meets the global supply chain management needs of customers, monitors the global logistics node data, grasps the global order status and logistics 3PL business performance, manages the operation performance of global logistics suppliers, and combines the lean strategy tool of logistics planning, Realize multimodal transport under the complex path of global logistics and achieve the balance of timeliness and cost. (5) International freight forwarding service
Provide customers with various certificate of origin, international freight forwarding services (such as certificate of origin and international freight forwarding services for China EU chemical companies).
(6) Logistics consulting and system integration services
With 20 years of experience in supply chain logistics management, the company provides logistics consulting services for large manufacturing enterprises, designs whole process solutions for supply chain logistics, and solves logistics problems such as cost, inventory, capital possession and so on. At the same time, the company also provides customers with a full set of system integration services such as planning, design, development, actual installation and maintenance of automated warehousing system. Combined with the warehouse management system developed by the company, it can efficiently process logistics information, realize intelligent analysis and monitoring, and provide real-time, concise and visual supply chain information for management decision-making.
(III) industry position of the company
The company's integrated supply chain logistics service is based on technology application, resource integration and efficiency improvement. It provides customized services according to the needs of enterprises, reduces the operation cost of supply chain, enhances the competitiveness of enterprises, and makes the service docking more efficient. The company has been at the forefront of the end-to-end integrated supply chain logistics services in the manufacturing industry. It is a pioneer in the comprehensive supply chain logistics services in China. In particular, it is in the leading position in the logistics services field of 3C electronic manufacturing and new energy vehicle manufacturing, and has strong market competitiveness and high brand awareness.
In 2021, on the basis of increasing the market share of 3C electronic manufacturing and new energy vehicle manufacturing industry, the company continued to expand the supply chain logistics service market in other manufacturing fields. During the reporting period, the company successfully operated Midea overseas spare parts warehouse and Corning China logistics distribution center, These successful cases prove that the company's information system and supply chain logistics services have the ability of cross industry replication. In the future, the company will still strengthen the market expansion of other industries.
(IV) cycle characteristics during the reporting period
1. Manufacturing and supply chain security have received higher attention from the government and the market
During the reporting period, the impact of the trade war and the epidemic made the government and the market realize the core position of manufacturing and supply chain security in the national economy. An efficient, intelligent and robust supply chain logistics system is the basis for the development of manufacturing industry. Enterprises and governments begin to attach great importance to the supply chain risk management of manufacturing industry, and are accelerating the establishment of supply chain security early warning and security buffer mechanism to prevent various possible supply chain security risks.
2. Under the national strategy of industrial digitization, the digitization process of manufacturing logistics is accelerating
The 2021 government work report pointed out that "accelerate digital development, create new advantages of digital economy, and jointly promote digital industrialization and industrial digital transformation". Continuing to promote the transformation and upgrading of the manufacturing industry is an important measure for China to consolidate and expand the foundation of the real economy. As the focus of industrial digitization, the digital transformation of the manufacturing industry will become the focus of the new development of China's manufacturing industry in the future. As the foundation of the manufacturing industry, the digital process of manufacturing supply chain logistics is accelerating, In this process, a large number of small and medium-sized supply chain logistics enterprises lacking digital ability will be eliminated by the market.
3. The process of automatic transformation of logistics equipment is accelerating
Against the background of rising human costs, limited land resources, digital transformation and upgrading, and the maturity of new generation information technology and automation technology, CID (consolidated) has been brought to supply chain logistics
